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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: advocatedevil who wrote (2006)2/18/2002 4:12:50 AM
From: XBrit  Read Replies (1) | Respond to of 95737
 
Also, a very important point on some occasions: the SMH doesn't open for trading in the morning until (a) every one of its constituent stocks is open, and (b) the AMEX MM criminals have decided on the opening price most advantageous to them.

My first experience shorting the SMH proved expensive... I had a 5% stop, and that day the semis went on fire... SMH didn't open for about 12 minutes, by which time I was down 10%. If I had been in AMAT or INTC, I could have got out at the open with just the 5% loss.

I will never trade SMH again.